Charity number: 1175411
MIZRACHI (UK)
Charitable Incorporated Organisation
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

MIZRACHI IUKI
Charitable Incorporated Oryanisation
CONTENTS
Page
Reference and admlnlstratlve detalls of the Charltable Incorporated Oryanlsatlon, Its
Trustees and advisers
Trustees. report
ststement of financial activities
8alance sheet
Notes to the financial statements
6-10

MIZRACHI IUKI
Charitable Incorporated Oryanisation
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED
ORGANISATION, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
Steven Blumgart, Chair
Samuel Rubin
David Daniel Morris
Mathew Fruhman
Grant Kurland
Sean Melnick
Michelle Bauernfreund
Charity registered
number
1175411
Principal office
London School Of Jewish Studies, Sch811er House
44A Albert Road
London
NW4 2SJ
Accountants
Berg Kaprow Lewis LLP
Chartered Accounlanls
35 Ballards Lane
London
N3 1XW
Page 1

MIZRACHI IUKI
Charitable Incorporated Oryanisation
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their annual report together with the financial statements of the Charitsble Incorporated
Organisation for the 1 January 2023 10 31 December 2023.
Objectives and activities
a. Policies and objectives
Mizrachi IUKI was sel up in anticipation of transferring the activities, assets and liabilities of Mizrachi IUKI Israel
Support Trust. Since this has not yet taken plaTr, the Charitable Incorporated Organisation remained relatively
inactive throughout the period.
In setting objectives and planning for activities, the Trustees have given due consideration lo general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a
charity IP821'.
. Going concem
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate
resources lo continue in operational existence for the ftireseeable future as the Trustees anticipate continued
support from a charity with common Iruslees. For this reason, they continue to adopt the going concern basis in
preparing the financial statements. Further detsils regarding the adoption of the going concem basis can be
found in the accounting policies.
Structure, governance and management
a. Constitution
Mizrachi {UKI is a registered charity, number 1175411, and is constituted under a Constitution.
b. Methods of appointment or election of Trustees
The management of the Charitsble Incorporated Organisation Is the responsibility of the Trustees who are
elected and c(l-OPted under the terms of the Conslitulion.
Page 2

MIZRACHI IUKI
Charitable Incorporated Oryanisation
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
ststement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees lo prepare financial statements for
each financial which give a true and fair view of the stale of affairs of the Charitable Incorporated Organisation
and of its incoming resources and application of resources, including ils Income and expenditure, for that
period. In preparing these financial stalemenls, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principle5 of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards IFRS 1021 have been ft)Ilowed, subject lo any
material departures disclosed and explained in the financial statements,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charitsble Incorporated Organisation will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charitable Incorporated Organisalion's transactions and disclose with reasonable accuracy at any time the
financial position of the Charitable Incorporated Organisation and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the
provisions of the Constitution. They are also responsible for safeguarding the assets of the Charitable
Incorporated Organisab'on and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Steven Blumgart
Ichair of Trustees)
Dale. 3111012024
Page 3

MIZRACHI IUKI
Charitable Incorporated Oryanisation
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Total
funds
2023
Total
funds
2022
Note
Income from:
Total income
Expendlture on:
Charitable activities
1,385
1,385
810
Total expenditure
1.385
1.385
870
Net movement in funds
{1,3851
{1,3851
(870)
Reeoneiliation of funds..
Total funds brought forward
Nel movement in funds
{1.3771
{1.385)
{1.3771
{1.385)
(507)
(870)
Total funds carried forward
{2,7621
{2,7621
(1,377)
The Statement of Financial Activities includes all gains and losses recognised in the year.
Page 4

MIZRACHI IUKI
Charitable Incorporated Oryanisation
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note
Current assets
Cash al bank and in hand
598
633
598
633
Creditors.. amounts falling due within one
year
{3,360)
(2,010)
Net current liabilities
12.762}
(1,377)
Total assets less current liabilities
12,762}
(1,377)
Total net assets
12,762}
(1,377)
Charity funds
Unrestricted funds
12,762}
(1,377)
Total funds
2,762)
{1,317)
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
steven Blumgart
Ichair of Trustees)
Dale.. 3111012024
The notes on pages 6 10 10 form part of these financial slalemenls.
Page 5

MIZRACHI IUKI
Charitable Incorporated Oryanisation
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffective 1 January 20191, the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise
stated in the relevant accounting policy.
1.2 Going concern
Although the balan￿ sheet of the Charitable Incorporated Organisation is in a deficit position
amounting to £1,377 al 31 De￿mber 2022, the trustees have prepared the accounts on a going
concern basis. This is due to the Trustees anlicipialing continued support from a charity with
common Iruslees. As such, the Iruslees consider that the Charitable Incorporated Organisalion is
able to continue its activities for a period of al least I￿e1ve months from the dale of signature of
these accounts and the accounts have therefore been prepared on a going concem basis.
1.3 Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation lo transfer economic
benefit lo a third party, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charitable Incorporated Organisalion's objectives, as well as any associated support costs.
1.4 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short
maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
1.5 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balan￿ sheet date as a result of a past
event, il is probable that a transfer of economic benefit will be required in selllemenl, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised al the amount that the Charitable Incorporated Organisalion anticipates it
will pay lo sellle the debt or the amount il has re￿iVed as adVan￿d payments for the goods or
services it musl provide.
Page 6

MIZRACHI IUKI
Charitable Incorporated Oryanisation
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysls of expendlture on charltable actlvltles
Summary by fund type
Unrestrlcted
funds
2023
Total
2023
Support Costs
1,385
1,385
Unrestrictgd
funds
2022
Total
2022
Support costs
870
870
Analysis of expenditure by activities
Support
costs
2023
Total
funds
2023
Support costs
1,385
1.385
Support
costs
2022
Total
funds
2022
Support costs
870
870
Page 7

MIZRACHI IUKI
Charitable Incorporated Oryanisation
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysls of expendlture by actlvltles Icontlnuedl
Analysls of support costs
Advanclng
the Jewish
Religion
2023
Total
funds
2023
Sundry
Accountancy fee
35
35
1,350
1,350
1,385
1,385
Advancing
the Jewish
Religion
2022
Total
funds
2022
Sundry
Accountancy fee
60
60
810
810
870
870
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits (2022- £NIL).
During the year ended 31 December 2023, no Trustee expenses have been incurred (2022- £NIL).
Creditors: Amounts falling due within one year
2023
2022
Accruals and deferred income
3,360
2,010
Page 8

MIZRACHI IUKI
Charitable Incorporated Oryanisation
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Summary offunds
Summary offunds - current year
Balance at
31
December
2023
Balance at 1
January
2023 Expendlture
General funds
11.3771
11,3851
{2.7621
Summary offunds - prlor year
Balance at
31
December
2022
Balance at
l January
2022 Expenditure
General funds
(507)
(870)
(1.377)
Analysis of net assets between funds
Anatysis of net assets between funds - current year
Unrestrieted
funds
2023
Total
funds
2023
Current assets
598
598
Creditors due within one year
13,3601
{3.3601
Totsl
12,7621
{2.7621
Page 9

MIZRACHI IUKI
Charitable Incorporated Oryanisation
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysls of net assets between funds {contlnuedl
Analysls of net assets between funds - prlor year
Unreslricled
funds
2022
Total
funds
2022
Current assets
Creditors due within one year
633
(2, 010)
633
{2,010)
Totsl
fl,377)
(1,377)
Related party transactlons
The Charitsble Incorporated Organisalion has not entered into any related party transaction during the
year, nor are there any outstanding balances owing between related parties and the Charitable
Incorporated Organisalion at 31 December 2023.
Page 10